Werner Enterprises (NASDAQ:WERN – Get Free Report) released its quarterly earnings results on Tuesday. The transportation company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.07), Briefing.com reports. The firm had revenue of $745.70 million during the quarter, compared to the consensus estimate of $765.24 million. Werner Enterprises had a return on equity of 4.70% and a net margin of 1.99%. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.42 EPS.
Werner Enterprises Price Performance
WERN opened at $38.31 on Wednesday. The stock’s 50 day moving average price is $37.11 and its 200-day moving average price is $36.74. Werner Enterprises has a 52-week low of $33.12 and a 52-week high of $43.26. The stock has a market capitalization of $2.37 billion, a PE ratio of 38.70, a price-to-earnings-growth ratio of 11.70 and a beta of 0.79. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.64 and a current ratio of 1.69.
Werner Enterprises Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Monday, October 7th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.46%. The ex-dividend date was Monday, October 7th. Werner Enterprises’s dividend payout ratio (DPR) is currently 56.57%.
Analyst Upgrades and Downgrades
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Werner Enterprises Company Profile
Werner Enterprises, Inc, together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics.
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